Bloom Finance Company Debuts Reverse Mortgage with Lifetime Fixed Interest Rate

by Phil Hall | Nov 10, 2025 | Current News & Events, International Real Estate News, Mortgage Information, Real Estate News, WRE News Exclusive

Toronto-headquartered Bloom Finance Company Ltd. has rolled out SafeRate, which is being promoted as Canada’s first reverse mortgage with a lifetime fixed interest rate. According to the company, the new product is designed to protect seniors by eliminating...

A Phil Hall Op-Ed: Trump’s Terrible 50-Year Mortgage Idea

by Phil Hall | Nov 10, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Phil Hall Op-Ed: Over the weekend, President Trump posted a meme on Truth Social with the headline “Great American Presidents” that showed Franklin D. Roosevelt linked to “30-Year Mortgage” while Trump was next to him linked to “50-Year Mortgage.” Almost immediately...

Texas Gov. Abbott Emphasizes Property Tax Relief in Re-Election Campaign

by Phil Hall | Nov 10, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Texas Gov. Greg Abbott announced he is running for a fourth term, with a focus on property tax relief as a centerpiece of his campaign. Texas Tribune reports the Republican Abbott made his announcement at a Sunday event where he pledged to ensure Texas remains a...

Trump Floats 50-Year Mortgage Proposal, But Many Conservatives Disapprove

by Phil Hall | Nov 10, 2025 | Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

President Trump made a surprise announcement on Saturday via a Truth Social posting where he floated the idea of a 50-year mortgage. In his post, Trump compared his advocacy for a 50-year mortgage to President Franklin D. Roosevelt’s advocacy of a 30-year mortgage...

Francis Ford Coppola Sells Private Island to Cover Losses from Flop Movie

by Phil Hall | Nov 10, 2025 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Oscar-winning filmmaker Francis Ford Coppola has sold his private island in Belize to help pay off the debts he incurred on the box office flop of his epic production “Megalopolis.” According to The Hollywood Reporter, Coppola received $1.8 million for the sale of...